Finnish IT Giant Hit with Ransomware Cyberattack | All Tech News

Finnish IT Giant Hit with Ransomware Cyberattack
You are here: Home / Cyber Security News / Finnish IT Giant Hit with Ransomware Cyberattack
A big Finnish IT service provider has been hit with a ransomware attack that has compelled the corporation to turn off some products and services and infrastructure in a disruption to shoppers, while it usually takes restoration steps.

Norwegian business enterprise journal E24 claimed the attack on Espoo, Finland-primarily based TietoEVRY on Tuesday, claiming to have spoken with Geir Remman, a communications director at the organization. Remman acknowledged complex issues with several products and services that TietoEVRY supplies to 25 consumers, which are “due to a ransom attack,” in accordance to the report.

Remman advised E24 that the corporation considers the attack “a serious prison act.” TietoEVRY turned off the unspecified services and infrastructure afflicted “as a preventative measure” until it can recover suitable knowledge, and restart methods “in a managed method,” he stated.


Click on to Sign up

On the other hand, at this time, it does not seem that any critical or individual data has been accessed or stolen by the attackers, Remman extra.

TietoEVRY is a software package and support business giving IT and solution engineering expert services in 20 nations. The publicly traded organization is mentioned on the NASDAQ OMX Helsinki and Stockholm exchanges.

The company has educated consumers of the incident and is in ongoing interaction with them as the problem unfolds, in accordance to the report.

“TietoEVRY takes this incident quite seriously, and apologizes for the inconvenience this brings about to our buyers,” Christian Pedersen, controlling companion in Tietoevry Norway, stated in a media statement. “We have activated an prolonged group with the essential ability and competence, and are doing the job with appropriate associates to manage the circumstance.”

Those associates consist of the Countrywide Security Authority (NSM) and NorCert, the companies in Finland who deal with cyber attacks, which TietoEVRY straight away contacted soon after the attack, Remman explained, in accordance to the report.

“We are in dialogue with the law enforcement about the case,” he advised E24. “At the similar time, we advise that prospects also report the scenario to the law enforcement.”

Finland’s NSM confirmed that TietoEVRY contacted it and that the company is supporting the corporation in mitigating and investigating the incident, to “see if identical malware has been made use of in other places,” spokeswoman Mona Strøm Arnøy advised the media. The NSM also will aid the company restore its infrastructure, she mentioned.

At this time it’s not known which ransomware group is dependable for the attack. Quite a few have been energetic currently, which include the Clop ransomware gang, which has been linked to current worldwide zero-day attacks on people of the Accellion legacy File Transfer Appliance solution DoppelPaymer, which strike Kia Motors with an attack demanding $20 billion in ransom past week and HelloKitty, which is suspected to be at the rear of the attack of CD Projekt Red, the videogame-development company at the rear of Cyberpunk 2077, before this thirty day period.

TietroEVRY did not quickly reply to an email by Threatpost Tuesday requesting confirmation and specifics of the attack. The corporation is not publicly speculating or revealing specifics till it investigates further, Pedersen explained to E24.

This is a establishing story.

Is your modest- to medium-sized organization an effortless mark for attackers?
Threatpost WEBINAR: Save your location for “15 Cybersecurity Gaffes SMBs Make,” a FREE Threatpost webinar on Feb. 24 at 2 p.m. ET. Cybercriminals count on you making these faults, but our experts will assistance you lock down your tiny- to mid-sized small business like it was a Fortune 100. Register NOW for this LIVE webinar on Wed., Feb. 24.